jj syd, page-4

Hi charl,

I am suprised that you believe that MCR has not been manipulated this week.
You find it perfectly normal that the share price stays at $2.20 for such a long period of time and with such a huge turnover??

I kept a close look last week and noticed lots of small parcels on the buy and sell side, constantly being fed to the market.

My experience is that this is done by a large seller who wants to unload at on the market, and or a buyer who tries to accumulate at lower prices.

If Mincor would have been free to run without this seller or sellers then we would have hit easy the $2.50 imho.

Do not forget we had last week a high rise in the nickel price and a run down in LME Nickel stocks. These two factors alone would have asked for a much higher share price.
Even at the closing price of friday Mincor is trading at a ridiculous low PE and must be imho one of the cheapest or maybe the cheapest Nickel producer on the ASX.

Do not forget the tremendous cash this company has even with the latest new tenements purchases wich they can easily finance with the profits of 1 Quater production.

Last night we had again a new all time hight for Nickel being over the $17/lb which will mean more profits for the producers like Mincor.

Good luck

jojo

Nickel January 19,14:48
Bid/Ask 16.9311 - 17.0672
Change +0.0000 +0.00%
Low/High 16.9311 - 17.0672